Woolworths (South Africa) has released full year results for the 52 weeks ending June 2020 that showed turnover fell by 1.2% to ZAR72.2 bn (US$4.3 bn). It noted its 2019 financial year had benefited from being a 53-week year. Underlining the challenging nature of the year, the retailer reported a 54.5% fall in adjusted profit before tax to ZAR2.2 bn (US$129.6m). COVID-19 had ‘ significant impa...

Coles has announced a new partnership that will see it source 90% of its energy in Queensland from renewable sources. Second 10 year renewable energy deal The retailer has signed a 10 year deal to team up with CleanCo, a state-owned clean energy provider. Power for 75% of the retailer's business in Queensland will come from Australia's largest solar farm (once built) and one of the largest ...

Amazon has partnered with Australian department store chain Myer to introduce its Amazon Hub parcel collection service in Myer’s stores. Hub counters in 21 stores The Amazon Hub parcel pickup points will be rolled out to 21 of Myer’s stores. The service allows Amazon customers to select a Myer store location as their delivery location upon checkout for delivery to an Amazon Hub location. On...